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Director - Private Banking - NRI

First Abu Dhabi Bank (FAB)
Dubai, UAE
Full Time
Director
Onsite
2 weeks ago
Private BankingNRI BankingWealth ManagementRelationship ManagementBusiness DevelopmentFinancial Products
Free

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Private BankingNRI BankingWealth Management
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Company Description

  • First Abu Dhabi Bank is an inclusive environment where each person values the experiences, perspectives, ideas and beliefs of others.
  • We’re in a unique position to learn from all our colleagues, combining international experience with deep cultural knowledge and local expertise.
  • At FAB, you’ll have the support of your team and a strong relationship with your line manager, who will trust you with responsibility and recognize your good performance.

Job Description

  • Develop and execute strategic plans to expand the NRI private banking client base in the UAE and globally.
  • Manage and nurture relationships with HNWIs and UHNWIs, providing tailored financial solutions and exceptional service.
  • Lead a team of relationship managers, ensuring they meet business targets and maintain high standards of client satisfaction.
  • Identify and capitalize on cross selling opportunities within the group, promoting collaboration across different departments and global offices.
  • Analyze market trends and client needs to develop innovative financial products and services for the NRI segment.
  • Ensure compliance with local and international banking regulations, particularly those pertaining to NRI banking.
  • Conduct regular portfolio reviews and risk assessments for clients, recommending appropriate investment strategies.
  • Organize and participate in high level client meetings, events, and networking opportunities to foster business growth.
  • Collaborate with other departments to streamline processes and enhance the overall client experience.
  • Stay informed about geopolitical and economic developments affecting the NRI segment and adjust strategies accordingly.

Qualifications

  • Bachelor's degree in Business, Economics, or Finance from a reputable university; MBA or relevant advanced degree preferred.
  • Minimum of 10 years of experience in private banking, with at least 5 years specifically in NRI banking.
  • Proven track record of successfully managing and growing a portfolio of HNWI and UHNWI clients.
  • In depth knowledge of NRI banking regulations, financial products, and wealth management strategies.
  • Strong understanding of the UAE financial market and international banking laws.
  • Excellent analytical and problem solving skills, with the ability to make decisive and sound financial decisions.
  • Outstanding relationship management and business development abilities.
  • Exceptional communication and negotiation skills in English.
  • Demonstrated leadership experience, with the ability to motivate and guide a team of banking professionals.
  • Proficiency in using financial modeling tools and customer relationship management (CRM) software.
  • Ability to work in a fast paced, dynamic environment and adapt to changing market conditions.
  • Willingness to travel internationally as required for client meetings and business development.

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